The Incidence and Effectiveness of Prior Actions in IMF-supported Programs /

Prior actions are measures that need to be implemented prior to Board approval of an IMFsupported program. This paper examines whether such prior actions can signal a willingness to implement reforms, especially when the member's track record is weak. We find some support for this signaling rol...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Ramakrishnan, Uma
Weitere Verfasser: Thomas, Alun
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2006.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2006/213
Online Zugang:Full text available on IMF